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Fund supermarkets 'a barrier to offshore fund take-up'

IFAs in the UK are failing to take advantage of the wider investment opportunities available through offshore funds because they are not widely available via fund supermarkets, according to research by HSBC Investments.

clock 11 April 2008 •

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New Star hires managers in UK equity shake-up

Fund managers Charles Deptford and Trevor Green have joined New Star Asset Management as part of the group's restructure of its UK equity desk.

clock 11 April 2008 •

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Goldman says end of credit crunch is near - papers 11 April

Goldman Sachs chariman and chief executive Lloyd Blankfein has declared the beginning of the end of the credit crisis - just as Wall Street rival Lehman Brothers took a further $1.8bn (£900m) credit crunch hit, The Telegraph reports.

clock 11 April 2008 •

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HSBC in postal blunder

Welcome to the first blog from COVER Magazine. From today, COVER is going to produce a weekly blog which will be sent out via email and also made available on the COVER website .

clock 11 April 2008 •

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IFA clients seek absolute returns in current chaos

Investors are flocking to absolute return funds as a shelter from the current market chaos, Welsh-based IFA James Gadd believes.

clock 10 April 2008 •

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UK base rate cut to 5%

The Monetary Policy Committee of the Bank of England has today cut the UK base rate by 25 basis points to 5%.

clock 10 April 2008 •

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Potential loophole for non-doms to avoid charge

UK resident non-domiciles could sidestep the Government's £30,000 charge to enjoy the remittance basis of taxation by using a structure called a private interest foundation (PIF), according to trust and management firm SCF Group.

clock 10 April 2008 •

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BoE faces one of its toughest ever calls - papers 10 Apr

The Bank of England's Monetary Policy Committee faces one of its most difficult decisions over interest rates today, as calls grow for a cut to kick-start lending, despite inflationary pressures, The Telegraph reports.

clock 10 April 2008 •

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Shortlist announced for International Investment awards

The shortlist for the International Investment Fund & Product Awards 2008 has now been announced. This year saw a record number of entries from providers, helped by the inclusion of two new awards - Best International Wrap Provider and Best International...

clock 09 April 2008 •

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House prices could drop 10% this year - papers 9 April

House prices could fall in Britain by as much as 10% in the coming year, the world's leading economic authority has warned, The Telegraph reports.

clock 09 April 2008 •
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